Jump Financial LLC Has $728,000 Position in Exelon Co. (NASDAQ:EXC)

Jump Financial LLC cut its holdings in Exelon Co. (NASDAQ:EXC - Free Report) by 35.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,351 shares of the company's stock after selling 10,509 shares during the quarter. Jump Financial LLC's holdings in Exelon were worth $728,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Millstone Evans Group LLC purchased a new position in Exelon during the 4th quarter valued at about $28,000. Stephens Consulting LLC grew its stake in Exelon by 78.1% during the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company's stock valued at $29,000 after acquiring an additional 343 shares in the last quarter. Brown Lisle Cummings Inc. purchased a new position in Exelon during the 4th quarter valued at about $30,000. Crews Bank & Trust purchased a new position in Exelon during the 4th quarter valued at about $34,000. Finally, Capital Advisors Ltd. LLC grew its stake in Exelon by 119.6% during the 4th quarter. Capital Advisors Ltd. LLC now owns 942 shares of the company's stock valued at $35,000 after acquiring an additional 513 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors.

Exelon Stock Performance

Shares of Exelon stock traded up $0.26 during midday trading on Monday, hitting $46.48. The company had a trading volume of 7,142,410 shares, compared to its average volume of 7,271,794. The stock has a market cap of $46.92 billion, a PE ratio of 18.97, a P/E/G ratio of 2.86 and a beta of 0.39. Exelon Co. has a 1-year low of $34.01 and a 1-year high of $48.11. The business's 50 day simple moving average is $44.80 and its two-hundred day simple moving average is $41.10. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78.

Exelon (NASDAQ:EXC - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.05. Exelon had a net margin of 10.68% and a return on equity of 9.52%. During the same period last year, the business posted $0.60 EPS. As a group, equities analysts predict that Exelon Co. will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, February 24th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.44%. This is a positive change from Exelon's previous quarterly dividend of $0.38. The ex-dividend date was Monday, February 24th. Exelon's dividend payout ratio (DPR) is currently 65.31%.

Insiders Place Their Bets

In other news, EVP Colette D. Honorable sold 1,463 shares of Exelon stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $40.57, for a total transaction of $59,353.91. Following the sale, the executive vice president now directly owns 2,271 shares in the company, valued at approximately $92,134.47. The trade was a 39.18 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.10% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. UBS Group boosted their price target on Exelon from $45.00 to $47.00 and gave the company a "neutral" rating in a research note on Friday, March 21st. BMO Capital Markets boosted their price target on Exelon from $46.00 to $50.00 and gave the company an "outperform" rating in a research note on Monday. Evercore ISI reissued an "in-line" rating and issued a $48.00 price target (up previously from $46.00) on shares of Exelon in a research note on Tuesday, April 15th. Barclays boosted their price target on Exelon from $42.00 to $48.00 and gave the company an "overweight" rating in a research note on Tuesday, February 25th. Finally, Guggenheim set a $47.00 price target on Exelon and gave the company a "buy" rating in a research note on Tuesday, April 22nd. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $46.67.

Exelon Company Profile

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.